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D.R. Horton Q1: Earnings Beat Despite Soft Housing Market, FY25 Outlook Reiterated

D.R. Horton reports Q1 results with sales and net sales orders declining by 1%. Homebuilding revenue decreased by 2% and EPS beat estimates at $2.61. FY25 outlook shows expected revenue of $36-37.5B and share repurchases of $2.6-2.8B.

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